I believe this yr we’re going to see the beginning of a brand new monetary revolution in music that can additional join the connection between artists and followers by means of the expansion in utilization of blockchain expertise. Within the brief time period, blockchain music streaming providers reminiscent of Musicoin and Choon have working platforms which can be growing in distinctive methods. I believe we’re going to see many new improvements develop first on the blockchain this yr that can finally begin to cross over to some mainstream artists and types in addition to social and streaming platforms.
For instance, I believe in 2019 followers and playlist curators are going to receives a commission a minimize of an artist’s cryptocurrency royalties to share music on social media and embrace an artist’s music on fan created playlists subsequently making each fan a mini report label in an artist’s group.
Extra artists are going to have their very own branded cryptocurrencies, like Gramatik’s GRMTK, in order that followers can actually be proudly owning stake within the artist manufacturers they love in actual methods and be given digital belongings they will maintain and cross all the way down to future generations the way in which that individuals do with vinyl information, shares, and music collectibles. Within the not too far future, I may see individuals which can be actually totally financially supported profession followers of an artist or model. Dare I say EDMSauce Coin, Fuzz Heady Coin, LA The Lakers Coin, Woman Gaga Coin, and Fb Coin?